Watch booktv this weekend on cspan2. President biden has picked Denis Mcdonough to head the Veterans Affairs department. He previously served as white house chief of staff during the last four years of the obama presidency. His confirmation hearing he was asked about veterans access to healthcare, modernization efforts in the das responds to covid19. This is just over two hours. [inaudible conversations] [inaudible conversations] i i want to call this evening to order. I want to welcome everybody. I appreciate all that are here, all those that are online. The purpose of this hearing is due from the i president s nominate to serve as secretary of Veterans Affairs, Denis Mcdonough. Before i talk about him i just want to say i appreciate this committee all the reasons we sat on this committee thats been bipartisan and its been nonpolitical, and we tried to do the best by our veterans whether you are the republican side for the democratic side of the aisle. I particularly appreciate the re
Chairman Jerome Powell will update the committee on Monetary Policy develop and the state of the u. S. Economy. It has always been four months since the last Humphrey Hawkins hearing, but we are seeing a different economy today. One that has been racked by the physical and Economic Impact of the covid19 pandemic, and ensuing shutdowns. Chairman powell, you have stated that the Federal Reserve is strongly committed to using our tools to do whatever we can and for as long as it takes, to provide relief and instability to ensure that the recovery is as strong as possible. Additionally, the fed has purchased more than 2 trillion in treasury and mortgage began ins since midmarch. Because of this, the Balance Sheet has expanded to more than 7 trillion. Congress, the administration, and regulatory agencies have taken action to protect and stabilize the infrastructure of our Economic System. The cares act has been central to that effort, and recent stats indicate that our labors are working. I
Ratings to three additional firms that have significant business in particular sectors. It is three others who were also considered major. We understand that does leave some companies that do not have a rating. As we open these facilities, we are just in the process of opening, we are looking for an answer. An nisro and has not traditionally been used in this way. We are looking at options for what to do. I was like until you i wish i could tell you we had an answer. So you have not opened it yet but you have not foreclosed the possibility of finding a solution for this challenge. Powell we are still looking for a solution, yes. Any timeframe you can put on that . Powell we talked about it yesterday so we are working on it. Soon, i would say. Stress thatnt to there are dozens of companies with very strong Balance Sheets and employee tens of thousands of people across all of our states who for one reason or another choose not to go for a inlic Rating Agency but are many ways in the same
Mr. Morgan good morning and thank you all for being here today. As the commissioner of customs and Border Protection, im pleased to announce the official release of cbps southwest Border Migration statistics for the month of august. And ive said this many times, since congress has failed and continue to fail to pass meaningful legislation to address the crisis at the border, which would ultimately stop children from being used as passports and end the cartels ability to exploit this population, as well as our laws, the Trump Administration has taken a number of unilateral actions, unprecedented actions, that were going to discuss today. But, first, lets discuss the results of the administrations incredible efforts. During the month of august, cbp apprehended, or deemed inadmissible, a total of 64,000 individuals. For july, if you recall, that number was just over 82,000, which represents a decline of 22 . Moreover, the august numbers reflects and this is critical the august numbers ref
School system good morning and thank you all for being here. As a commissioner, i am pleased to announce that the official release of statistics for the month of august. I said this many times, congress has failed and continued to fail the past legislation to address the crisis of the border which would ultimately stop children from being used as passports and in the car until tricks with the population as well as the laws, the Trump Administration has taken a number of unilateral actions. First, lets discuss the results of the ministration incredible efforts. During the month of august, cbp apprehended or deemed unapprehensible, 64000 individuals, for july if you recall that number was over 82000 which represents a decline of 22 . Moreover, the august number reflect, this is critical, the august numbers reflect a 56 reduction from the peak in may which you recall which was over 144,000 individuals. And why, why do we see in 90 days, a 56 reduction . The president has made it very clea